We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
MSE News: House prices up at fastest rate in three years
Options
Comments
-
I was watching George Clooney on TV the other day and the interviewer asked him if he felt he was the most attractive man alive. He said no, OffGridLiving is 10 times more attractive. I'm not bothered to find a link. He did say it though and I can see the argument.
:)
0 -
I'm not really invested in the whole house price crash debate, unlike some posters on here! That's why I'm not spending ages googling for it, because it's not important to me whether or not house prices rise. Some people seem obsessed with it.
I own my own home and bought it to live in, not to make loads of money out of it. I hope others are able to buy like me and don't think a boom or bust helps anyone.
too many comps..not enough time!0 -
Unfortunately people do, just look at the nonsense on the last page in this thread, rising house price is money for nothing if you have one, it fosters delusions of prosperity paid for by more debt and financial repression, it's little more than a ponzi scheme.
http://www.spectator.co.uk/features/8915781/osbornes-bubble/'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Unfortunately people do, just look at the nonsense on the last page in this thread, rising house price is money for nothing if you have one, it fosters delusions of prosperity paid for by more debt and financial repression, it's little more than a ponzi scheme.
http://www.spectator.co.uk/features/8915781/osbornes-bubble/
Agree apart from one thing. This was started long before Osborne came into power. It was encouraged for three terms under Labour too.0 -
JencParker wrote: »Agree apart from one thing. This was started long before Osborne came into power. It was encouraged for three terms under Labour too.
Without a doubt, I'm not interested in the party political pantomime or different coloured flags, politicians are either all useless puppets, or as some might say complicit crooks, collecting inflated salaries and dancing to the tune of global corporations and bankers. It started in earnest with Thatcher and the fire sale of council housing for votes. It's taken over 30 years to get to the point where the wheels are now starting to fall off.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Without a doubt, I'm not interested in the party political pantomime or different coloured flags, politicians are either all useless puppets, or as some might say complicit crooks, collecting inflated salaries and dancing to the tune of global corporations and bankers. It started in earnest with Thatcher and the fire sale of council housing for votes. It's taken over 30 years to get to the point where the wheels are now starting to fall off.
Nice rant.
Of course it's all a bit, well, bonkers....
Mortgage rationing and falling asset prices have caused great damage to the UK economy.
Driving a generation into enriching their landlords, sending rents to record highs, and causing the shortage of housing to reach crisis point as building falls to the lowest level in a century.
The solution is upon us however, as lending starts to return towards normality next year and asset prices continue to rise, which will revive the economy and cause more houses to be built, with all the associated benefits to lowering unemployment, etc.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »The solution is upon us however
You need to lay off the sauce. Average wages are back at 2002 levels (that's if you believe the cooked CPI figures) and falling.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
. Average wages .
We hear all sorts of crazy excuses around here for why prices shouldn't rise.....
But they are rising anyway.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »We hear all sorts of crazy excuses around here for why prices shouldn't rise.....
But they are rising anyway.
Hamish the powers at be are trying every thing at be to make house prices rise with 0.5% interest rates, QE, funding for lending, and all the sub prime lending schemes such as shared ownership, shared equity (Home buy, first buy, New buy and now Help to buy). Then you have all the far east investors being conned overseas into buying newbuilds which aren't what they are marketed as and other foreign nationals pooring their savings into central London property as a safe haven for their cash. Oh I forgot all the buy to let landlords suddenly speculating again and first time sellers unable to sell at the price they want renting out their own homes and buying another.
In addition you have had the biggest housing propaganda campaign ever this year. Buy to let club seminars are starting up again after going bankrupt last time and we are ending the peak selling time.
What could possibly go wrong? Its 2007 all over again.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
0 -
House Prices First Time Buyer Strike Member
Halifax..........: Sep -0.4% (MoM) -1.2% (YoY)
Nationwide....: Sep -0.4% (MoM) -1.4% (YoY)
Land Registry.: Sep 0.0% (MoM) -0.7% (YoY)
Your post would have so much more gravitas if you didn't have a signature that you stopped updating since last September (when house prices started rising?)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards